Sosandar (LON:SOS) Stock Price Down 18.5% – Should You Sell?

Sosandar Plc (LON:SOS) shares traded down 18.5% during mid-day trading on Wednesday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). 137,260 shares traded hands during trading, a decline of 73% from the average session volume of 502,987 shares. The stock had previously closed at GBX 6.75 ($0.09).

Sosandar Stock Down 3.3 %

The stock has a 50-day moving average of GBX 6.55 and a 200 day moving average of GBX 7.93. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.17 and a quick ratio of 1.40. The company has a market cap of £14.40 million, a P/E ratio of -34.04 and a beta of 2.28.

Sosandar Company Profile

Sosandar is a womenswear brand, specifically targeted at a generation of women who have graduated from throwaway fashion and are looking for quality, affordable clothing with a premium, trend-led aesthetic. This is a section of the market that is currently being underserved.

Sosandar was launched in September 2016.